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Dan Martell
- May 03, 2024
the only video you need to get rich…
Episode Stats
Length
49 minutes
Words per Minute
168.17778
Word Count
8,378
Sentence Count
120
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
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turbo
).
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give two people poor person a million dollars wealthy person a million dollars poor people
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get money and they start calculating the new furniture they could buy the trips they can go on
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the new car they could lease they essentially spent the million dollars before it's even finished the
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wire transfer the wealthy person doesn't rush to do anything with the money and starts considering
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based on their allocation in their portfolio where can i get the best return that makes the most
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sense for the long term poor people use money to consume wealthy people use money to create more
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money why do you think most people are broke i think most people are broke for a few reasons
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the first one is is that they don't
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they're they don't they don't realize that they're responsible 100 for their life like a hundred
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percent they're accountable like there's nobody coming to save you there's nobody that's going
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going to do it for you there's no moment where somebody passes away and leaves you a bunch of
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money there's no lottery tickets there's no going to the casino and winning there's literally you
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saying if i don't make this better it will not get better that needs to happen second part is
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they're broke because they don't realize that the world will compensate you based on the value you
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bring to the world so if you're upset with what you're making income wise or you feel like people
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are taking advantage of you, you have to ask yourself, what could you do to become more
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valuable? What are the skills you have to acquire? How do you, how do you add those skills? Like
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that to me, those two things, if you can be a hundred percent accountable for your situation
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and develop yourself to become more valuable for other people. And then I would say the third thing
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is to know your worth. Cause I don't think even if you had those first two, if you didn't believe
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you deserved more you'll never get a penny more than you think you're worth so if you don't feel
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you're worth more even if you're more valuable even if you're 100 accountable but you don't ask
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for it it will never show up in your life that's why i think people are broke is because they're
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not willing to be accountable for their situation they're not willing to invest in themselves to
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acquire new skills are more valuable and they're not willing to ask for what they think they
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deserve because they don't think they deserve a lot and no other person is going to going to teach
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you how to deserve more. You have to decide that you are worth it. Tell me something about rich
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people that 99% of people don't know. That rich people are harder on themselves than anybody else
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will ever be on them. I think most rich people are so misunderstood because people think they
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have the easy life and what i've discovered is the people that have wealth are wealthy because
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they were willing to do the work in many ways i think their work ethic is a reflection of their
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gratitude it's my experience i think rich people honor the fact that they've been given an
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opportunity and a blessing i'm not talking multi-generational wealth i'm not talking about
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people that are trustworthy i'm talking to people that have created their situation and it doesn't
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mean that they own a business it could be somebody's an executive at a company that gets paid a
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lot of money to do what they do what you will quickly learn if you spend time with them is
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they are more hard on themselves more critical of their performance more more um driven to do better
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than anything any person could say to them and for some of them it's not a life you would want
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to live and i think that's that's misunderstood a lot of people say well i want to be rich it's
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like i don't know if you want to have all that comes with being rich because it isn't easy it
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only becomes easy if you learn how to deal with those emotions the feelings that come with being
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rich and realize that to the degree that you can deal with bigger problems you will actually live
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a more fulfilling life you went from rehab to being a multi-millionaire what what changed
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what changed rehab to multimillionaire
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kind of everything like everything had to change my whole world view when i when i
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go back 25 years coming out of this place portage that literally saved my life
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after spending 11 months there
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trying to learn about myself
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and what made me tick.
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There was so much that had to change.
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I would say the thing that is universal though
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for me for sure
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is that I believed I could do it
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but that belief came from other people.
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So I didn't believe I could do it.
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other people believed that i could do more but i accepted the belief and like that's a different
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thing because there's been situations where people have talked about kind of what they think they see
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me do and i'm like oh i wasn't ready to believe it but the one thing for sure is because i had
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shown up and got sober and then got out and started in business and even though i failed
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for seven years of trying back-to-back failures people still believed because of what i went
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through and where i was at even in the failures that i had potential that they saw the passion
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i brought to anything i did they believed that there was eventually going to be some kind of
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success i don't think any of us could have predicted what it became but that was that
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was probably the big thing that shifted for me was just the belief that i could be one of those
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people because i grew up my whole life not believing that i was even worth breathing the
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is taken up. I mean, well, if you do believe in a creator, that's a great place to start.
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That was just the truth, man.
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I've just got so much gratitude when I look at like what I went through and
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what life I get to live today. And just like,
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there's no other way any of this happened without, without him.
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And that's why I think I wake up every day to just try to be better is just,
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I want to honor the fact that I was given a chance.
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like there's no world statistically where i'm alive let alone thriving let alone
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having resources that i get to choose to do what i want to do what i want to do with whoever i want
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to do and be wherever like i mean it's just it's just an honor and when i think of how close it
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came to that not being the case it just gets me emotional i'm just
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i think that if you don't have anybody that can believe in you know that he believes in you
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that your creator believes in you if you follow my content i believe in you i don't even need to
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know you because i know who you were created by and i believe in you like i legit see you doing
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something incredible with your life i think it's why you're watching this video sometimes people
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want to see a sign they're like show me a sign and the sign's right there the sign could be this
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conversation it literally is not it doesn't have to be a big grand gesture it can be a moment with
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a person a video an audio something you hear or see or you read and you're like oh i've been asking
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for this and it's right there i think i've had hundreds of those show up in my life sometimes i
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wasn't paying attention sometimes i was sometimes i played it down sometimes i played it up but
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there's opportunities every day
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to see the absolute blessing that is called life and we get to live in it
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and whether we want to do something with it or not time's going to pass today's going to pass
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this minute like literally every day seconds are going to pass and i can either choose to actively
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engage in my life and create something from it the fact that i have consciousness and i have
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the ability to have judgment and make decisions you know i'm alive those are all those are all
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real things i can be grateful in this moment for the air i breathe like crazy grateful
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because in three minutes if you didn't have any air to breathe you would wish you did so
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i don't know i think sometimes we
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we need more than we think we need to actually decide to just change things
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i don't i don't need any person to validate my ideas i just got to realize that like hey
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i don't do it nobody else is going to do it and i don't need anybody to believe in me because
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what if they can't see my greatness because they're too close what if the fact that they're
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my family or my friends and they've known me for a long time and they don't see what's changed
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inside that's the hard part is the you know fitness journey people see that physically they
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see it it's easy to correlate oh you used to be this now you're that but when you're on a journey
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of personal development and growth and mindset growth they don't see it right away and it's
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it's easy to feel like they don't understand it's not their fault because they don't understand what
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you see inside they don't they don't hear the words you say to yourself but you've seen this
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whole new pattern emerge and you got to be willing to be misunderstood by the people closest to you
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because they're too close to see the greatness that's brewed inside and you just have to be okay
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being misunderstood for long periods of time and over time if you show up and you do the work and
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you just you swing it'll connect and then they'll all go like oh yeah overnight success
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not really if anything not impressive if anything 25 years in the making
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how can i overcome the fear of starting
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for me the way i always overcome the fear of starting anything is realize one the people
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that i care about their opinion are more worried about their own life than my life right everybody's
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living in this movie called me movie or me ink and they're like worrying about what everybody
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else thinks of them and we think they're thinking about us but they're not so first off judgment
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from other people about what i do with my life i usually park those things because i realize that
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their beliefs in my decisions are 100 a reflection of their own limitations judgment reality of their
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life they've lived not on my reflection of my life and decisions so that's one two
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two most people's worst case is actually other people's dream scenario think about that most
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people's worst case scenario of having to live with their parents again having to lose everything
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and sell it or whatever it is based on where they live in the world the worst case for them
00:12:00.880
is some other person in the world's dream outcome some other person in the world that woke up today
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that doesn't have any food a place to sleep anybody that cares about them your worst case
00:12:13.400
scenario would be their dream life put that into perspective so like starting or trying is kind of
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silly if you take that into consideration and then the other thing is tomorrow is definitely
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not guaranteed but i don't even look at it that way i think about in five-year increments
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like if i only had five years to live five years to breathe five years to expand and grow and
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create and spend time with people what would i want to do over those next five years
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people should get really familiar with the concept that their life is very impermanent
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it is it's here and gone five years is enough time to do something meaningful without being
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wasteful right like i don't think people should pretend like i only got a week to live and go
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stay on a beach no five years is like hey i want to leave an impact i want to i want to serve i
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want to create. I want to help other people. How could I do that? And I just think that getting
00:13:11.160
comfortable with the fact that you're going to die is a beautiful way to prioritize decisions.
00:13:17.260
And if you have any inclination, here's the crazy part. I don't believe God puts ideas on your heart
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that he doesn't think you can pull off. You wouldn't even have the idea to start a business
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if it wasn't possible. And there's never been a situation, I know this to be true for all people,
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where you've been put in a tough situation
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that you didn't make it through.
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I'm not saying you got the outcome you wanted,
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but it's very rare for somebody to be pushed into a corner
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that rose up that didn't get through that tough situation
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some way, somehow.
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And I think we just forget that if you just decide,
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the reason it was on your heart
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is because it's meant for you to go create that outcome,
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that business, go after your dreams,
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that you will be given the strength to accomplish that.
00:14:03.160
and it's why for you specifically you've had this thought you probably have a dream that i've never
00:14:09.000
even considered nothing i'd ever want to desire or get or anything you have a unique vision of
00:14:15.320
your life that i've never had that's only yours and the reason why is because it's meant for you
00:14:20.760
i'm setting goals and dreams but i'm not achieving any of them what should i do
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measure and get feedback if you're setting goals and dreams okay and you're not achieving them
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two things that are missing measuring progress where are you at now where do you want to be
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what should you be making progress towards what's the number most people don't break things down
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into actions right so if i know i want to be a millionaire by the time i'm 30 it seems to be
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everybody's or make 100k a month now it seems like that's a new number then where are you at
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if you're 22 you want to be a millionaire at 30 that's eight years break it down now it's not it's
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not linear it usually kind of goes exponentially but you should be on pace then you measure it
00:15:14.040
every quarter and every month so now we have a measurement timeline but then we got to back it
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up by like what kind of activities or decisions would create the scenario for that to be true
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obviously if you want to start a business or you want to get into a structure in your current
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company where you can get paid based on performance those are all things that could
00:15:29.240
you know you could save your way to that you can invest your way to that definitely invest
00:15:32.880
over save but then you have a measurement now what will happen is along the way at some point
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you will plateau. Here's what I know to be true 100% of the time is there will be issues.
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There will be problems, or I like to call them puzzles. You will face adversity. And the way
00:15:51.100
to overcome that is to get feedback. It's to find people that have built the million a year business
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or more and ask them for feedback to analyze your strategy. And those people typically will come in,
00:16:02.140
look at it, and within seconds go, oh, change this, tweak that, start this, stop that. And all
00:16:08.100
of a sudden the momentum builds back up there's no person i know that if they're honest with
00:16:14.180
themselves measured their progress along the way and if at any point they felt like they hit a wall
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went and seeked advice or feedback from people that have been there before
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and took that feedback and change and tweak their strategy i don't know anybody who hasn't been
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successful but a lot of people just lie to themselves along that journey and they'll say
00:16:33.120
oh it's not for me or it's hard or it's not working it's not working because you don't want
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it to work because you're not giving feedback you're not seeking out why this is uncomfortable
00:16:40.820
yeah i know that's the work that has to be done anything that's easy that's like that's immediately
00:16:46.100
you know that's not the right thing it's supposed to be hard you're supposed to deal with adversity
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that will make you better steel sharpen steel and through that journey is how you actually
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become successful
00:17:00.000
what's the number one trait in successful people that that you've observed through the years
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number one trait
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man that's a great question number one character trait the number one like if i had to like there's
00:17:21.300
a lot of stuff you know determined grit resilient but i would say is they have the the ability
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to drive like and and it's not like some people can have spurts of it successful people are driven
00:17:42.280
they're driving they're they're in the driver's seat of their dreams they're that the people on
00:17:50.720
their team feel the energy of forward motion and even if they have a flat tire they fix the tire
00:17:58.520
and they're back to being driven successful people literally feel different when you talk to them
00:18:04.780
they're they're not looking at their feet they're looking at the the skyline like there's a
00:18:10.240
different energy of even their language their focus what they work on but the word that always
00:18:16.720
comes to mind if i think of like my mentors my coaches the people i work with my friends that
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are incredibly successful driven individuals it doesn't matter are they outgoing introverted
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you know creatives engineers left brain right brain doesn't matter what's true amongst all
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them is they are driven you can feel that energy to forward motion and creation
00:18:39.740
what makes someone successful in your opinion
00:18:48.720
financially successful
00:19:01.980
see this is the thing is words matter and meaning matters right so like for me success is not
00:19:09.220
wealth success you know if you do things primarily for money or every decision you make is based on
00:19:16.840
money then i don't actually think that's success i think success is this concept i got from my coach
00:19:26.120
which is blissfully dissatisfied i think success is waking up every day and being so ridiculously
00:19:32.280
grateful i think success is waking up every day and being so ridiculously grateful that it could
00:19:38.420
bring you to tears and in the same breath realize that you were here to create more not out of a
00:19:45.560
place of lack not out of a place of recognition not to fill a void that's inside not the not to
00:19:53.200
create because you don't feel enough know you're enough feel that realize how big of a blessing
00:20:00.640
everything in your life currently is no matter how good or bad it is just absolutely feel the
00:20:05.540
gratitude for the presence and knowing that same breath that you're here to do more with your life
00:20:12.160
that to me is success and it's not a number in a bank account
00:20:16.140
how can i find my purpose
00:20:22.560
i think every person's purpose sits right next to the worst thing that ever happened to them
00:20:35.540
and here's why i usually ask people at like what level of income is it 100 grand 500 grand a
00:20:43.340
million dollars 10 million dollars 100 million dollars a year what level of income personally
00:20:46.940
to you do you stop thinking about accumulation and things you could buy and start thinking about
00:20:53.760
giving to other people and that's a fascinating question because some people it's like 100 000
00:20:58.720
they're thinking i'll give 50 away i can live off 50 some people it's it's north of 10 million so
00:21:03.840
there's a big range. But what usually follows that is if you had that surplus, what cause
00:21:11.100
would you want to invest that into? What pain or challenge do you see people face that you would
00:21:17.660
love to help them overcome or make easier for them? And it's usually aligned with the worst
00:21:24.220
thing that's ever happened to them. Growing up in poverty, growing up without a father,
00:21:30.500
growing up and being abused in some way,
00:21:33.660
experiencing medical illness or whatever it is,
00:21:37.780
just some kind of pain you've ever experienced.
00:21:39.980
Maybe it was a loved one.
00:21:41.660
And usually right next to that pain is your purpose.
00:21:47.560
And when you can pair your vision
00:21:51.360
for what you're here to do, the purpose in your life,
00:21:53.820
if you can figure that out
00:21:55.580
and then you pair that up with a way
00:21:57.720
to create a business that supports that it's aligned with that where the business and the
00:22:05.240
purpose are the same thing or directionally serve the same thing that is a winning recipe
00:22:11.200
so i just can't see a world where somebody wakes up and says hey by helping people
00:22:17.460
i get to collect resources aka make money and then take that and support a cause an organization or
00:22:26.540
people that you feel absolutely compelled to serve based on what you experience in your life
00:22:31.820
that's super unique to you i think if every person woke up with that drive and desire that would
00:22:36.940
change the world it literally would we don't need billionaires to fix problems we need people to go
00:22:42.220
create millionaires and then solve the problems around them in their community
00:22:49.580
is making a lot of money a bad thing no be everybody should want to be rich every person
00:22:56.460
should have a desire to create resources to do more i have a problem when people say that they
00:23:01.780
really care about helping people and they think that playing small is helping anybody because if
00:23:07.700
you see other people be rich or have more money than you and you think that they're not using it
00:23:12.640
right great go become a millionaire go go grab that resource go create a better mousetrap go
00:23:19.880
build a business go become more to go be rich and then do what you want with the money you know
00:23:26.320
when people say, well, it's not about the money. Well, I say, well, go become a millionaire and
00:23:29.480
then decide what you want to do with it. But don't tell me it's not about the money because
00:23:33.060
the money is a reflection of the value created in the world. So I think every person should have a
00:23:37.340
desire to be rich, go get as much money as you possibly can. And then as you're doing it,
00:23:44.080
choose what you do with it. And I think that is just a beautiful way to wake up every day.
00:23:49.920
It's not about, you know, saying, well, rich is bad. There's nothing wrong with creating resources.
00:23:56.320
like every day the more options you have the the bigger the opportunity to live a fulfilled life
00:24:02.620
so if you want to donate to a charity do you want to donate a little or a lot i want to donate a
00:24:07.700
lot cool go get rich if you want to help a cause you want to help a little bit or you help a lot
00:24:11.660
i want to help a lot great go get rich you know you got this person you want to bless you want
00:24:15.700
to bless them a little bit you want to bless them a lot great go get rich there's nothing wrong with
00:24:21.020
being rich. The desire for why I think is a problem. What you do once you collect it is a
00:24:27.020
problem. The way you think about yourself or make decisions, once you have money, it could be a
00:24:32.400
problem. But money is a tool no different than a fork is a tool. It can be used to nourish your
00:24:37.740
body or it can be used to take somebody's life. It's the same thing. You decide what you do with
00:24:42.820
that resource, but every person should have a desire to be rich because what you're saying is
00:24:45.800
i deserve i'm worth it i can create value in this world i i i i'm capable of growing my skills
00:24:58.380
growing my beliefs growing my character traits to become the person that i was created to become
00:25:04.480
your 10.0 version your best version if you took all the best moments in your life where you
00:25:10.240
stepped up powerfully and you're creative and you're resourceful and you're kind and you're
00:25:13.420
gracious all those things if you took the best moments of your life put them all together
00:25:16.740
if you actually live like that all 18 hours you're awake or whatever amount of time you're awake
00:25:21.480
can you imagine that person that's that's that's it so when i say rich i just say best version of
00:25:28.540
yourself you should want that what do you think about legacy
00:25:39.300
here's the deal i think purpose is required you can't have perseverance without purpose
00:25:49.540
because if you did some people call that grit i call it a grind if you want to see somebody's soul
00:25:55.320
just get deteriorated have them work on something and not know why and i think that's what happens
00:26:01.220
with a lot of people they they feel fatigued they feel like burnt out and it's like i've never been
00:26:05.980
burnt out doing something i love for a purpose that's way bigger than me what was the question
00:26:11.580
again so the challenge is is that i believe that focusing on other people is a good thing i think
00:26:20.520
using language around legacy can sometimes be another part of the ego playing tricks on you
00:26:27.160
to do things for long term so you don't enjoy the short term so a lot of people make sacrifices for
00:26:33.320
legacy for their family for multi-generational wealth whatever it is they sacrifice in the short
00:26:38.420
term and i find that as a cop-out instead of just saying hey can i be present now can the best thing
00:26:45.720
that i leave the world is me now in this moment for the rest of my life not a sacrifice for this
00:26:53.380
generation that you'll never meet that in three generations will never know your name you cannot
00:26:58.460
tell me your great great grandparents names maybe 0.1 percent of you guys but very few people know
00:27:05.340
their lineage nor does it matter what matters is how did you show up today who did you impact today
00:27:11.580
what kind of conversations you have today what kind of energy did you bring to every interaction
00:27:14.740
with every person you had today that that's legacy but it's not legacy the way most people
00:27:22.780
think about it it's a decision to leave the world a better place i think the best thing you could
00:27:27.900
ever leave the world is your if you have kids is your kids like that's my my gift is not a
00:27:34.040
financial bucket of money my gift is going to be my children it's going to be the relationships the
00:27:39.700
people that came into my life it's the the teams that i've built i think legacy is just used as a
00:27:47.220
cop-out for sacrificing today and not living today i want to encourage people to just like
00:27:56.660
show up fully present in the moment for now try to get it done in this lifetime afterwards it's
00:28:04.280
going to get redistributed to everybody the idea of ownership is hilarious nothing you have you own
00:28:10.120
you think you do it's gone your home not yours you think you own the land you don't
00:28:15.980
think you have that money in that bank account you don't none of it you it's all borrowed it's
00:28:22.140
It's kind of like you're a custodian of it
00:28:24.580
for a short period of time
00:28:26.120
and it all goes back to the economy once you're done.
00:28:29.740
So you might as well just say,
00:28:30.800
how can I use this to be the most present
00:28:33.240
and supportive and giving person now,
00:28:37.200
not worrying about 300 years from now?
00:28:39.820
It turns out though, if you do that,
00:28:41.720
you'll probably leave on a mark.
00:28:43.880
It turns out if you do that,
00:28:45.320
you'll probably leave a mark on the world
00:28:47.080
that will last 300, 500, 1,000 years.
00:28:50.180
That's the funny part.
00:28:50.980
if you actually live that way i think it has the best chance of you living that long the whole idea
00:28:56.580
of like donating money to a hospital to put your name on a new section of the building which in 20
00:29:02.020
years will literally sell your naming rights to the next person's highest bidder that's not legacy
00:29:07.140
legacy is how you show up today you had a tweet go viral um a couple days ago normalize leaving
00:29:17.060
people in whatever reality they have chosen um can you expand on that yeah the tweet that went
00:29:24.500
viral i wrote normalize leaving people in the reality that they've chosen and the reason why is
00:29:33.300
if you come to the understanding that every person is choosing their reality okay they're choosing
00:29:41.300
the world as they want to see it because the world isn't as it is the world is as you are
00:29:46.420
So whatever world that they see, the limitation, the lack, the frustration, the challenges,
00:29:51.540
it's their world.
00:29:54.800
I can't save any person.
00:29:57.060
I can't convince other people to change their beliefs on the world.
00:30:02.500
I can offer them perspectives and what I call POVs, points of views, that might influence
00:30:07.100
them to make a decision to change that, but it's up to them.
00:30:11.460
So I've just gotten to a place where I'm 100% comfortable and okay with somebody not
00:30:15.900
seeing things the way I want to see it or doing things in a way I wouldn't agree with not being
00:30:20.080
upset about it but just letting them go through their world be on their journey and it not affect
00:30:25.400
me because it truly is not my responsibility and I think when I say normalizing is like I would
00:30:31.040
just hope everybody gets to understanding that sooner than later so that they can actually live
00:30:36.340
a life that's way more peaceful because once you realize there's nobody else to fix and it's really
00:30:42.880
just you that i can control that i have agency over and i can move through the world with that
00:30:49.040
understanding i'll just let everybody else kind of figure out their stuff at their own timeline
00:30:52.280
is imposter syndrome a good or bad thing i think imposter syndrome is cool because imposter
00:31:03.480
syndrome tells you where you're at your upper limits of your comfort like my favorite thing
00:31:08.060
is to get in a room where i know that if anybody figured out that i was in it they'd probably kick
00:31:12.340
me out of it okay at the same time the nerves means i care so the fact that you have imposter
00:31:19.420
syndrome is actually a beautiful thing because it tells you that you're honoring the opportunity
00:31:23.500
you've been given the challenge is when you act out of that feeling and you don't take action to
00:31:30.580
be in that room you convince yourself to not go you you know let somebody else take the spot
00:31:38.260
you know whatever it is like you just don't want to not step into it but imposter syndrome
00:31:43.200
is part of the process anytime that you're trying to do something for the first time
00:31:48.420
it's going to require you to show up in a way that from the outside seems confident but you
00:31:54.960
know inside it's kind of like the duck on the top of the water it's just moving around the water
00:31:58.980
really calm and collected and underneath it's got his two feet just moving you know frantically
00:32:02.860
that's like your internal emotions i remember one time i got invited to an event and i had to go for
00:32:09.140
a walk because i was so nervous because every person i looked up to is in that room like all
00:32:15.380
the people people i follow on the internet they were in the room i went to the gym in the morning
00:32:19.500
13 people that i absolutely adore from instagram were working out in that room and i'm sitting
00:32:25.980
there going holy moly i hope they like who i am i mean i was legit scared i called my dad i said
00:32:31.900
hey dad I'm like way in over my head my dad's like are you serious like do you remember where
00:32:38.520
you came from did you forget what you've accomplished and I was like yeah but these
00:32:43.700
people are way more accomplished he goes Dan they'd be lucky to have a conversation with you
00:32:50.520
like I know you and it blows my mind what you've done what you're doing where you've come from I
00:32:55.200
don't even understand it and I don't know anybody that's ever done that I would love to have a
00:32:59.940
conversation with them. And I think that's a big idea for people to consider is that
00:33:04.400
inspiration doesn't come from the size of the thing you've accomplished. It comes from the
00:33:09.000
place you started and how much you people believe that that was hard for you. And in many ways,
00:33:16.100
imposter syndrome is just acknowledgement that, Hey, this is really tough, but I, I showed up
00:33:20.400
anyway, in spite of my fear of being discovered, not liked, rejected, kicked out my fear. I showed
00:33:28.860
up i could have stayed in my hotel room nobody would have known i didn't show up except for me
00:33:34.700
so i hope you have a dad like i have that every once in a while he knows the exact words to say
00:33:41.020
but i think imposter syndrome is just part of part of the the journey
00:33:50.700
how do wealthy people look at money two things wealthy people look at money
00:33:57.100
as a way to invest to get a return poor people look at money as a way to buy things and literally
00:34:03.580
that is the language you give two people poor person a million dollars wealthy person a million
00:34:07.740
dollars poor people get money and they start calculating the debt they could pay off the
00:34:13.580
the couch they could buy the new furniture they could buy the trips they can go on the new car
00:34:18.300
they could lease etc they essentially spent the million dollars before it's even finished the wire
00:34:23.100
transfer the wealthy person doesn't rush to do anything with the money and starts considering
00:34:28.780
based on their allocation in their portfolio where can i get the best return that makes the
00:34:33.100
most sense for the long term they don't think of acquiring more stuff they think about it working
00:34:38.860
for them poor people use money to consume wealthy people use money to create more money that is the
00:34:46.140
big difference between poor people and wealthy people how do wealthy people look at time
00:34:53.100
i think wealthy people look at time as a resource that they can't get back
00:34:59.020
and they're always looking for ways to spend money to save time not spend time to save money
00:35:07.360
and that's the big difference the end of the day money can be created and generated and based on
00:35:14.820
the creativity and resourceful that you can make more it doesn't matter what economic class you
00:35:21.280
come from rich poor middle class etc you cannot manufacture time so understanding how to spend
00:35:31.380
money to get time is the skill of wealthy people and that's the difference between poor people
00:35:37.880
and wealthy people poor people think well i'll just work harder and then i'll save money and
00:35:42.220
that's how i collect money no you have to become better to create more money so that's how you get
00:35:48.480
money wealthy people are always about how do i buy that time to then use the new time to go do things
00:35:54.400
that are going to make me more money so that i can start building a surplus what are your thoughts on
00:36:04.000
what are my thoughts on worthiness
00:36:09.680
i have a lot of thoughts
00:36:18.480
i don't know where to start it's kind of like worthiness has different
00:36:23.220
like kind of angles to it there's the part of like
00:36:28.040
am i worth another person's time right like i know i can add value to them but if i don't feel
00:36:37.080
like i can do that clearly i might not be worth their time so there's a worthiness of like do i
00:36:43.220
feel regardless of the situation that interacting with another person could be valuable to them
00:36:48.740
under the right circumstance that is one part of worthiness like just in conversations and
00:36:53.440
interactions the other part of worthiness is you know what do i deserve to have you know do i
00:36:59.820
deserve to be rich do i deserve to have a nice car do i deserve to be in a loving relationship
00:37:05.420
if you don't believe that you deserve you won't you won't receive it right because you'll never
00:37:13.140
fight for that outcome if you believe that you're an evil person you've done some bad things you
00:37:19.560
have a lot of shame then you'll never bring into your life the the the the results of being somebody
00:37:30.660
that deserves those things as many ways i've said this so many times you'll never get a penny more
00:37:35.820
than you think you deserve so even like the worthiness of like having money is on the byproduct
00:37:43.740
of believing that what you do is valuable and i think a lot of people discount what they do because
00:37:50.880
they think that everybody else knows how to do it they don't realize it took you four years to learn
00:37:55.580
that or you do it two times faster than anybody else that's closest to you that your result is
00:38:02.480
very abnormal because you know it so well you're so close to it you're just like oh everybody knows
00:38:07.280
this no they don't and if you can consistently get a result for somebody that's worth a lot
00:38:14.960
it's it's worth a fraction of whatever result you can get for them
00:38:20.800
that's what i think of worthiness there's like different dimensions to worthiness
00:38:24.960
worthiness isn't just one component it's a worthiness in a relationship worthiness in all
00:38:30.480
aspects of love and family and business and career. And then there's the worthiness of just
00:38:37.120
attracting wealth into your life. I have friends that can't receive gifts because they don't feel
00:38:44.780
worthy of those gifts because they feel like I have to earn those things. When they don't realize
00:38:50.380
that we don't earn those things, we attract those things by becoming valuable. And if somebody wants
00:38:55.140
to bless you you should learn to accept a compliment a gift it all comes down to worthiness
00:39:03.200
what's your definition of greatness
00:39:07.720
my definition of greatness is very simple are the people closest to you better for having you in
00:39:16.540
their life that's that's greatness do people your family your friends your peer groups your co-workers
00:39:24.380
would they say their lives got better the more time they spent with you the more interactions
00:39:32.860
they had with you the more time they got to work with you the more time they had conversations
00:39:36.440
with you do would they all say like man having that person around having you around made my life
00:39:43.040
better that is greatness a great person finds the greatness pulls out the greatness holds
00:39:48.380
expectations of other people's greatness to the highest potential and shows them through their
00:39:53.820
own actions that it's possible that's that's my definition of greatness great people bring
00:40:01.860
greatness into other people's lives what do you hope to teach your kids about life
00:40:06.920
i got a list of things i want to teach my kids about life but there's a handful of stuff first
00:40:14.780
off and they're they're pretty much all our core values one you don't deserve anything that you
00:40:21.000
didn't go and create no no country no family no situation will ever get you what you think you
00:40:29.500
deserve you don't deserve anything unless you've created an environment or you've created the
00:40:35.220
scenario where you've you've helped other people and you've you've collected a piece of that so
00:40:40.280
there's i think right off the bat it's like just because it's a certain time of day or a certain
00:40:44.720
day of the week, you don't deserve anything right off the bat. Number two, you are incredible. I do
00:40:51.340
this cool thing where I tell my kids about them. I tell them about their greatness. I tell them
00:40:54.860
about their giftedness. I tell them about the Jesus I see inside of them. I tell them about
00:40:58.800
their giftedness. Like you are really good at this. You are awesome at this. I'm a big fan of
00:41:04.460
teaching them that I'm teaching. I love teaching my kids to communicate with other people,
00:41:09.520
especially adults when you meet an adult walk up to them look them in the eye introduce yourself
00:41:15.820
say your name clearly with confidence ask them what their name is smile simple will change the
00:41:24.320
game for them in life i teach them about collaboration that if you want to go fast
00:41:30.320
sometimes you go alone but if you want to go far you got to go with people right and just showing
00:41:35.620
them how to collaborate with other people how to play nicely with other people how to partner how
00:41:40.860
to set agreements how to manage expectations how to repair arguments huge area i teach my kids
00:41:48.620
grit i always celebrate the progress not the outcome i whenever my kid accomplishes in something
00:41:58.480
i say tell me about how much effort you put into that how many times did you want to quit tell me
00:42:04.180
about those moments i'm really proud of what you created but i'm really impressed with the never
00:42:09.980
ending drive to get to that outcome because some kids stuff comes easy other ones it comes hard
00:42:14.800
what i've discovered is people that are willing to do hard for long periods of time typically do
00:42:19.180
really great in life um i teach them about compassion about caring about the things the
00:42:25.120
people they care about care about and if people in your life care about helping the community
00:42:32.260
helping other kids helping other families then caring about those things is is is empathy it's
00:42:39.900
compassion and i think you know i always tell them that like that person could be your brother could
00:42:45.560
be your dad could be me could be your cousin just because they're not they could be so if you had a
00:42:52.680
stranger come across your cousin how would you want them to treat that person if somebody you
00:42:58.080
My son Noah, one time we saw a person struggling and I said, what if that was Max, your brother?
00:43:03.860
What if your brother, you didn't know where he was and he was walking around in a city and a stranger went up to him?
00:43:10.180
How would you want that stranger to interact with them?
00:43:12.040
That's how you should interact with that person.
00:43:14.140
Assuming that that is some person's brother, son, father, you don't know.
00:43:20.520
What else do I teach him?
00:43:21.740
i teach them about physical fitness health is wealth that if you don't have the energy to keep
00:43:29.000
pushing when you get tired that that's a decision you can make that you have the capacity to turn
00:43:33.860
that around that what you put in your body affects your mind i mean i teach them a lot of stuff i
00:43:41.200
teach the adults i teach them the stuff that i know are going to be forced multipliers to have a
00:43:46.820
a fulfilling life i teach them to acquire knowledge to read that there's it's impossible
00:43:51.640
for you to know what you need to know already it will always be external and you have to bring it
00:43:56.080
internal everything that you want to achieve is going to be on the back end of learning something
00:44:01.380
new and bring it into your life those are the big things i teach my kids how can someone raise kids
00:44:08.860
to not be entitled i think the best way to raise kids and not be entitled is to not do things for
00:44:16.320
them right I'm not saying treat them bad abuse them all that stuff I people misunderstand me
00:44:21.400
all the time I'm saying let your kids learn how to do things let your kids learn how to tie their
00:44:26.820
shoes make their own lunches make clean their rooms do their laundry my kids do all of those
00:44:33.340
things ever since they were like six seven eight years old because I want them to understand that
00:44:38.580
these are things that if you want to have happen you got to make them happen for yourself the other
00:44:43.820
thing is, is I don't buy them everything they want. I get them what they need. I pay for food.
00:44:48.440
I pay for clothes. I pay for the needs. And then we split the wants. The wants are 50, 50. They
00:44:53.300
got to go make money by working, finding opportunities in the house, offering me up
00:44:57.820
different chores and projects. I don't put them on a salary or an allowance. They have to find
00:45:02.340
things to do and I'll pay them. And if they can come up with half the money, then they can get
00:45:06.660
what they want. But I only pay for the things they need. And I go 50, 50 on the wants. The final
00:45:11.280
thing I'll say on this is set the context for your, your kids. Like my kids know when they're
00:45:17.180
18, they have to leave the house. Now, whether I do that or not, doesn't matter. But the fact
00:45:23.100
that I've been telling them since they were little kids has gotten them prepared for leaving
00:45:27.440
the affluent environment that they are growing up in. Okay. Fly around on jets, live in a big
00:45:33.440
homes, flying around, driving around in supercars. That is not their reality. That's my reality.
00:45:38.960
That's their parents' reality, okay?
00:45:41.100
Say often, I'm rich, you're not.
00:45:43.400
These people don't work for you.
00:45:45.260
I'm here to love you.
00:45:46.560
I will do that.
00:45:47.560
I don't need to be your best friend.
00:45:48.820
I can care about you, but I will support you
00:45:52.760
in you creating and achieving value
00:45:54.660
in the world independently yourself.
00:45:58.040
That's how I avoid raising entitled children.
00:46:02.760
What's the best piece of parenting advice you ever heard?
00:46:05.700
The best piece of parenting advice I ever heard.
00:46:21.000
I think the best piece of parenting advice I ever heard was celebrate the progress, not the destination.
00:46:26.480
if a kid's climbing a mountain and they're struggling stop point down to the bottom
00:46:34.240
show them how small the parking lot was look how far you've come point to the mountaintop
00:46:38.720
celebrate the progress once they get to the top talk about moments they want to give up
00:46:44.980
celebrate those moments what's the secret to a successful relationship a successful relationship
00:46:53.620
i can only speak from my side of the table like a male's opinion um don't try to fix things
00:47:01.140
like unless you're being asked to fix something just listen but actually listen and want to
00:47:10.760
listen the cool part is you don't have to remember anything for the most part and you don't have to
00:47:15.440
fix anything so just listen intentively and care and have empathy that's like 80 of the challenge
00:47:22.660
how do you know if you found the one
00:47:33.500
yeah i don't know if i believe in the one
00:47:38.820
i believe in finding a partner that you feel confident that you want to invest your life with
00:47:49.740
and i think that there's probably a few people that that could have worked out with but at the
00:47:57.620
end of the day what matters is that you have a deep connection and appreciation for who they
00:48:04.380
are and their character and and you're committed to that investment like you want to co-create a
00:48:10.660
future with this person and trying to find the one is actually a kind of a crazy idea
00:48:15.200
and finding and investing because like there's no a relationship that starts off perfect and
00:48:21.520
stays perfect it's going to require work but what is going to be true is the desire to put
00:48:27.260
that effort into the relationship to make it work why do you do what you do
00:48:35.340
i do what i do for little dan i do what i do because i know there's kids out there
00:48:46.480
watching what i do making decisions about how they show up in life and if i can share my story
00:48:51.900
of where i came from where i'm at today and all the different challenges that i had and continue
00:48:58.460
to have that I bring hope to those kids. That's why I do what I do. The success is required to
00:49:06.420
get the attention of the people I really want to serve. Because I'll tell you, I don't know about
00:49:13.080
you. I didn't go to university, but if I did, I'm pretty sure I wouldn't just happen to come up on
00:49:20.780
my professor's Lamborghini in a parking lot. But when I look at my mentors and roll up to
00:49:28.440
their jet or their yacht, that inspires me. And I know when I show up to these kids to a rehab
00:49:37.140
center, to a crisis center, to a group home or whatever in a supercar, I get their attention
00:49:43.680
and I get to have a conversation with them. That's why I do what I do.
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